Internal Audit II Broking Business II CA II Malad-W II

**Job Specifications** Broking Business Audit Department: Finance and Accounts Function: Internal Audit Company: MOFSL Location: Based @ Malad but will have to visit Prabhadevi **Job Purpose** The Internal Auditor will be responsible for conducting thorough audits of various operations, including depository participant operations, custody operations, settlement operations, banking operations within broking, and the payin and payout processes of security and fund transfer of exchanges. The role involves performing half-yearly audits of exchanges and ensuring compliance with regulatory requirements and internal policies **Key Deliverables** - Depository Participant Operation Audit: Conduct comprehensive audits of depository participant operations. - Evaluate the effectiveness of controls and compliance with regulatory requirements. - Custody Operation Audit: Perform audits of custody operations to ensure proper management and safeguarding of assets. - Assess the accuracy and completeness of custody records and processes. - Half-Yearly Audit of Exchanges: Lead and execute half-yearly audits of exchanges. - Identify and report on areas of non-compliance and recommend corrective actions. - Settlement Operations Audit: Audit settlement operations to ensure timely and accurate settlement of transactions. - Review and evaluate the effectiveness of settlement procedures and controls. - Banking Operations within Broking Audit: Conduct audits of banking operations within the broking division. - Ensure compliance with internal policies and regulatory requirements. - Payin and Payout Process Audit: Audit the payin and payout processes of security and fund transfers of exchanges. - Verify the accuracy and timeliness of transactions and related documentation. **Role Requirements** - Educational Qualifications: CA - Minimum 4+ years of experience in a Broking firm in Audit and total 6/7 years - Strong understanding of depository participant operations, custody operations, settlement processes, and banking operations within broking. - Knowledge of regulatory requirements related to exchanges and financial transactions - Domain Knowledge: Audit in Broking Industry